Tuesday, September 28, 2004

Captara Corporation Announces Sarbanes-Oxley Reporting Solution for Capex Finance Obligations

Captara Corporation, a provider of business process management solutions for capex finance, today announced the availability of its Sarbanes-Oxley Reporting Application. Among other requirements, the Sarbanes-Oxley Act demands that a company's annual and quarterly reports disclose all material off-balance sheet financial obligations and amounts due under specified contractual obligations such as lease arrangements, loans and other debt instruments.

The Captara solution delivers visibility into and control of the complete capex finance lifecycle, from policy creation and deployment to compliance monitoring and reporting. Key reports include disclosure of capital leases, operating leases, loan payments and other material disclosures, enabling compliance with FASB and Sarbanes-Oxley. Other reports include transaction listings, notification summary, asset management, lender transactions, evergreen warnings, and payment summaries.

Captara Corporation Announces Sarbanes-Oxley Reporting Solution for Capex Finance Obligations

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